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Be honest- if you had $680,000, would you be willing to risk it for an additional $14,000?
by RodgerTheGreat 15y ago
Be honest- if you had $680,000, would you be willing to risk it for an additional $14,000?
- pavel_lishin 15y agoDepends on the level of risk. Couldn't I just Fedex the gold - insured for its value, of course - to a confederate in Venezuela, and split the 2% commission? Assuming you can trust your partner, the worst case scenario is the gold getting lost (or "lost") in the mail, and having to wait for the insurance payout.
- ianferrel 15y agoI'm willing to bet that Fedex will not insure a small package for $680k for anywhere near 2% of the cost.
- lojack 15y agoIf my expected value after the trade is higher than $680,000 plus some markup for my time, then yes, I would be willing to risk it.